Podcast Summary: The Money Mondays – "How Proximity Changes Your Life: Mastermind Secrets with Greg Kimble & Steven Spence"
Release Date: July 21, 2025
Host: Dan Fleyshman
Guests: Greg Kimble & Steven Spence
Duration: Approximately 56 minutes
Introduction
Dan Fleyshman opens the episode by highlighting the transformative impact of his guest, Greg Kimble, emphasizing Greg's expertise in investments, business scaling, and mentorship. Dan shares a personal anecdote about working with Greg for just over a year, witnessing significant growth and transformation in Greg’s endeavors (00:00-00:55).
Guest Biography
Greg Kimble provides a succinct background, discussing his role as a father of two and his profound belief in the power of mentorship. He outlines his dedication to building educational institutions and empowering individuals through knowledge and guidance. Greg emphasizes the importance of dispelling misconceptions about entrepreneurship and fostering actionable steps toward achieving personal dreams (00:55-02:45).
Making Money: Overcoming Barriers
Dan asks Greg about the primary obstacles people face when trying to make money, especially when considering joining masterminds. Greg identifies the lack of actionable knowledge and the tendency of individuals to become passive after receiving advice from mentors or courses. He humorously coins the term "askholes" to describe those who frequently seek advice but fail to act on it, often criticizing mentors for their straightforward answers (02:45-04:56).
Notable Quote:
“People think it can't be that easy. And the problem is it is. It really is that easy if you have the right mentors.” — Greg Kimble [03:37]
Greg discusses the importance of giving credit to mentors and building genuine relationships based on reciprocity rather than scoreboarding. He shares his experience working closely with Dan, highlighting how mutual support and appreciation can lead to substantial business and philanthropic successes (04:56-07:54).
Mastermind Strategies: Building the Right Network
Dan prompts Greg to share the story behind his golf club membership, illustrating the lengths he went to access influential individuals. Greg explains the concept of percentage-based pricing for products and how he adjusted his strategy to make his offerings more accessible. By joining the Boulder Country Club, despite its hefty membership fee, Greg gained access to a network that ultimately resulted in significant business growth, including closing a $184,000 deal within six weeks (07:54-11:56).
Notable Quote:
“Everything is percentage based. You have to base all of your numbers off, like, percentage of income.” — Greg Kimble [08:06]
He recounts personal financial struggles, such as buying a house in cash and the subsequent life improvements after securing key business deals. Greg emphasizes the necessity of persistence and providing value to mentors, which fosters long-term, mutually beneficial relationships (11:56-16:13).
Investing in Yourself: The Final Percent
Dan shifts the conversation to investing in oneself, prompting Greg to elaborate on why personal investment is crucial. Greg argues that self-investment amplifies all areas of life, from personal relationships to business dealings. He advocates for mentorship as a means to accelerate personal and professional growth, effectively "compressing decades into days." Greg also touches on the importance of community and consistent self-improvement, warning against relying solely on superficial tools like ChatGPT without genuine personal development (16:13-19:09).
Charity: The Tipping Dinner Initiative
Dan and Greg delve into the significance of charity, specifically discussing their "tipping dinner" events. Greg shares compelling stories from these dinners, where substantial tips are given to restaurant servers, creating life-changing impacts. For example, a $6,000 tip helped a server's girlfriend attend esthetician school, illustrating the profound butterfly effect of generosity. Greg describes these events as a cornerstone of their philanthropic efforts, emphasizing that even small acts of giving can lead to significant positive changes in individuals' lives (19:09-26:03).
Notable Quote:
“Be the story of generosity that gets told in an entire town or an entire restaurant or an entire community.” — Greg Kimble [23:51]
Legacy and Wealth Distribution
Towards the end of the episode, Dan poses a thought-provoking question about legacy planning. Greg reveals his intention to distribute his net worth into three equal parts: 33% to his sons, 33% held in trust for extended family, and 33% allocated to a charitable cause. This approach underscores Greg’s commitment to both his family's future and his philanthropic vision, aiming to leave a lasting, positive impact even after his passing (27:21-29:09).
Conclusion and Call to Action
Dan wraps up the episode by encouraging listeners to engage in open discussions about money, emphasizing its importance in daily life and long-term success. He invites the audience to connect with Greg through his website, thefinalpercent.com, and on social media platforms where Greg continues to share valuable insights and opportunities for personal and financial growth (29:09-End).
Final Thoughts:
“The Money Mondays is created for you to have these discussions with your friends, family and followers about money... Have discussions with your friends, family and followers.” — Dan Fleyshman [56:47-56:47]
Key Takeaways
- Mentorship is Crucial: Building relationships with the right mentors can significantly accelerate personal and professional growth.
- Proximity Matters: Being in the right circles, even if it requires significant investment, can open doors to lucrative opportunities.
- Invest in Yourself: Personal development enhances all aspects of life, making it a foundational investment.
- Generosity Creates Impact: Acts of charity, no matter how small, can lead to profound changes and inspire further generosity.
- Legacy Planning: Thoughtful distribution of wealth ensures lasting benefits for both family and charitable causes.
Where to Connect:
- Greg Kimble’s Website: thefinalpercent.com
- Instagram: @gregkimble
- Mastermind Information: Available on Greg’s website and social media platforms.
This episode of "The Money Mondays" offers invaluable insights into the power of proximity, the importance of mentorship, and the lasting impact of generosity. Whether you're an aspiring entrepreneur, a seasoned investor, or someone passionate about giving back, Greg Kimble and Spencer provide actionable strategies to transform your financial and personal life.